The growth is so strong, that Paris has jumped from being the fifth ranked city for property investments, to first place.

Expectations for 2018

It doesn’t end there. According to the survey, European investors are planning to inject even more capital this year. Around a third plan to invest more in 2018, while 45% of global investors indicated that real estate was the area they would be looking at.

But why Paris over other cities in Europe? President of CBRE France, Fabrice Allouche says, “The election of Emmanuel Macron, Grand Paris and the Olympics 2024 have allowed France and especially Paris to receive a huge spotlight at the global level. France and Paris benefit from a very favorable context for investors, who are increasingly interested in our market.”

EY’s report cites many reasons for Paris taking pole position, property wise. Chiefly, the higher number of new build office developments in Paris, along with the fallout of the ‘Brexit’ vote on the UK market. The report also mentions big firms such as WeWork, Uber and the Bank of America, who are all making their presence known in Paris with new headquarters in the city.

The bottom line

The bottom line is clear. Paris remains a solid investment for all property investors, in both the residential and commercial sectors. This is backed up by other figures published recently.

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